BlackBerry Limited $BB Shares Sold by Fairfax Financial Holdings Ltd. Can

Fairfax Financial Holdings Ltd. Can decreased its holdings in BlackBerry Limited (NYSE:BB) by 1.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 34,980,220 shares of the company’s stock after selling 415,100 shares during the quarter. BlackBerry comprises about 6.3% of Fairfax Financial Holdings Ltd. Can’s investment portfolio, making the stock its 6th largest holding. Fairfax Financial Holdings Ltd. Can owned 0.06% of BlackBerry worth $132,225,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Delos Wealth Advisors LLC acquired a new position in shares of BlackBerry in the third quarter worth $34,000. CI Investments Inc. grew its stake in shares of BlackBerry by 48.4% in the third quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock worth $41,000 after acquiring an additional 2,745 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of BlackBerry by 2,349.1% in the third quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock worth $57,000 after acquiring an additional 11,205 shares in the last quarter. Portfolio Resources Advisor Group Inc. acquired a new position in shares of BlackBerry in the fourth quarter worth $46,000. Finally, Benjamin Edwards Inc. grew its stake in shares of BlackBerry by 31.5% in the second quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock worth $67,000 after acquiring an additional 3,500 shares in the last quarter. Institutional investors and hedge funds own 54.48% of the company’s stock.

BlackBerry Stock Performance

Shares of BB stock opened at $9.16 on Wednesday. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.26. The firm has a fifty day moving average price of $6.65 and a 200 day moving average price of $4.74. The company has a market cap of $5.37 billion, a P/E ratio of 114.53 and a beta of 2.29. BlackBerry Limited has a 12 month low of $3.12 and a 12 month high of $10.93.

BlackBerry (NYSE:BB) last issued its earnings results on Thursday, April 9th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02. BlackBerry had a net margin of 9.69% and a return on equity of 10.09%. The firm had revenue of $157.96 million during the quarter, compared to the consensus estimate of $144.27 million. During the same quarter in the previous year, the firm posted $0.03 earnings per share. The company’s revenue was up 10.1% compared to the same quarter last year. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. Sell-side analysts predict that BlackBerry Limited will post 0.13 earnings per share for the current fiscal year.

Insider Buying and Selling at BlackBerry

In other BlackBerry news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the company’s stock in a transaction on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the completion of the transaction, the senior vice president owned 94,903 shares in the company, valued at $337,854.68. This represents a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO John Joseph Giamatteo sold 27,066 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total transaction of $96,354.96. Following the completion of the transaction, the chief executive officer owned 899,146 shares of the company’s stock, valued at $3,200,959.76. This represents a 2.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 73,171 shares of company stock valued at $260,489 in the last 90 days. 0.51% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Weiss Ratings downgraded shares of BlackBerry from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Canaccord Genuity Group dropped their price target on shares of BlackBerry from $4.60 to $4.40 and set a “hold” rating for the company in a research note on Friday, April 10th. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research note on Monday, June 8th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $4.50 price target on shares of BlackBerry in a research note on Friday, April 10th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, BlackBerry currently has an average rating of “Hold” and an average target price of $4.88.

BlackBerry Profile

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry’s core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.

At the heart of BlackBerry’s offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.